RE:does anyone kow the medical term for someone suffering from As I said yesterday is the NR rather bland? YES! Did it give us any real indication as to the happenings surrounding seemingly secretive offers other than they continue to negotiate? NO!
A few people here have discussed the company NOT being in a position to share specifics of the negotiations as they are on-going. Others have said that the longer this goes (without getting absurdly long, remember it's been less than three weeks since the first offers) the better as it would indicate that there are either a) counter offers in place or b) management is doing their DD as to determine the best course of action moving forward to bring value to the company and its shareholders.
There was a NR yesterday that somehow didn't make it to Durango's official site (which I am still confused about). It makes me think that this is just filler to take the edge off as the company has consistently released on a weekly basis for quite some time now. They want to keep us informed, so no matter the weight it pulls, it is still communication. Someone had also said they spoke to Marcy last week (how true this is, I'm not one to comment) and she had said that they were weighing their options and that they wanted only what was best for all parties involved, including us shareholders.
Would a share swap with OSK be favourable with the way it's SP has been performing, certainly. Someone nailed it in saying that they have 160 million outstanding, what's another 10 million. True, but I'm not sure we'd be lucky enough to see a 3 or 4:1 to one swap...you're looking more of a 6:1 if that. That way they could utilize the cash rich treasury to fund more drilling on Trove as they would not want to spend frivolously when they aren't turning revenue.
This is speculation and will remain such until we hear more. I wish I had more difinitive ideology to spit out, and wish we could be turning the song and dance, but is seems we are still on the outside looking in. Heres to hoping the clock ticks a little quicker.